Comparison of platform currency values across exchanges
Platform coins are the top products of various exchanges. The well-known cex platform coins include Binance’s BNB, OKX’s OKBBitget, BGBGate’s GTMEXC, MX and Huobi’s HTX. Here I will express the market value and advantages of the above platform coins to give Let’s take BNB as a reference: Binance’s platform currency is currently of the highest quality among all platform currencies. First of all, BNB is 100% fully circulated and there will be no additional issuance in the future. Moreover, many new projects will always send a large amount of new coins to BNB when they go online. Holders' mining sharing has brought huge returns to everyone, such as MANTA\ALT\TIA, which has just been launched recently, and BSC is a very high-quality EVM chain, and its DAPP is very complete, using BNB as the native GAS My experience is very smooth, and the gas fee is relatively low. The disadvantage is that the price of BNB is higher compared to other platform coins. OKB: The OKX platform has been developing well recently. Its WEB3 wallet has occupied half of the market, and the experience of using it is very good. The OKX platform is also an old platform for more than 10 years and has always been relatively stable. OKB was used to create new SUIs before, and it also had good results. income. The disadvantage is that it does not have as many functions as BNB. The native token of the OK chain is OKT, not OKB. Mining is not too frequent, and the market value is not low. BGB: Bitget recently invited Messi to continue to endorse, and the contract transaction volume is also good. Last year, we watched him grow from an unknown small firm. With such fierce competition in CEX, it is not easy to build the market bit by bit, and The market value of bgb is really very low, and there is a lot of room for imagination. The disadvantage is that mining is not as powerful as BNB, the income is not that high, and the pool on the chain is not very deep. It has been removed from the iOS app store for a while and has not been re-listed. MX: The MEXC platform can be said to be the king of altcoins. The first reaction of many altcoins when considering listing on the exchange is Matcha. Coins that are difficult to buy on major exchanges can be obtained on Matcha. MX as the platform currency of Matcha has not performed well. Can. The disadvantage is that the overall transaction volume of Matcha needs to be increased, and the current circulation rate of the platform currency is relatively low. GT: Gate is also an old exchange. I traded on it many years ago and my experience was quite satisfactory. The disadvantage is that the current circulation rate is not high, and Gate has not yet become a major first-tier firm and needs to be improved.Huobi: HTX is a new platform currency that was just launched by Brother Sun. It was a bold move by Brother Sun. Huobi was once one of my favorite exchanges and has gone through more than 10 years of ups and downs. I won’t go into the shortcomings, everyone knows them. Why configure platform currency? Because there are many projects of each type. For example, the well-known L2 has more than a dozen or even dozens of projects, while there are only a few well-known exchanges. Each L2 has a market value of billions or tens of billions. There are only a few platform coins, and the market value is not too high. There is a certain amount of room for imagination. We can allocate some platform coins when distributing assets. Extended reading: 1. Why does platform currency rise? When the platform currency first appeared many years ago, everyone agreed that the platform currency was not decentralized enough and had no technological innovation. However, it has been developed in various ways (mining, staking, creating new products, deducting handling fees, listing coins, and improving VIP). After it came out, the platform currency has been rising all the way, and those who bought the platform currency have received generous returns. -2. Will CEX (exchange) be replaced by dex (decentralized exchange)? My answer is no, because cex and dex each have advantages and risks. Although there is a precedent for money stored on exchanges to go bankrupt, the chances of money being stolen from wallets are equally high. And the exchange provides many unparalleled advantages of dex. 1. For example, the exchange saves the cross-chain fee of dex. When transferring from any chain to the exchange and then transferring out from another chain, there is no cross-chain fee at all. And dex costs a lot of money. 2. The exchange has greatly improved the transaction efficiency. The verification process of dex buying and selling takes a long time, and the depth of the pool may not be enough. However, the trading on the exchange can be completed in an instant, and the market value management will also do a good job in depth. 3. The exchange integrates almost all trading methods, such as spot, contract, leverage, options, grid, pledge, loan, follow-up, etc. However, it is currently impossible for any dex to have so many trading functions at the same time. 4. Larger exchanges tend to be more reliable, and the same goes for dex, but there are indeed many cases of dex being stolen due to authorization. 5. It is not uncommon for wallet private keys to be lost, and exchanges have a variety of verification methods, making it difficult to steal exchange accounts.Conclusion: Exchanges will not be replaced, but wallets and dex also have their own advantages. -3. How to ensure property safety? NPC’s suggestion is not to put all your eggs in the same basket. You should also save money in your wallet and the exchange. You can separate several wallets and exchanges. Especially for those who frequently interact with each other, be sure not to put too much money. Everyone who sees this must be a true fan. I wish everyone’s assets will increase hundreds of times in 2024!